Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SAJ

The Media is finally posting in big letters that the globalists want to pay benefits to foreign banks. First , the globalists send our jobs to their world countries, and now they want us to send all of our money to third world countries, and even go in debt billions of dollars to do that, Just say, NO! We can not afford all of these hand outs. The Feds are trying to rush these bailouts though like a “Bum’s Rush” so we will not realize what is going on.


55 posted on 09/21/2008 10:07:51 AM PDT by tessalu
[ Post Reply | Private Reply | To 3 | View Replies ]


To: tessalu
The alternative, unfortunately, is worse. The world financial system is SO overgeared right now that to allow, say, a couple of dozen major players to go belly-up -- which is what they would do, immediately, without this bleeping bailout -- would almost certainly cause the dreaded 'cascade effect' of bankrupting numerous perfectly sound companies/institutions, as the levered pyramids collapse and the dominoes gaily tumble.

Devil, meet deep blue sea.

59 posted on 09/21/2008 10:13:52 AM PDT by SAJ
[ Post Reply | Private Reply | To 55 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson